Ireland-based global fintech Priviti has launched in Australia as the country prepares for the imposition of new Open Banking legislation and the Consumer Data Right which require major banks to make data on credit and debit card, deposit and transaction accounts available by July 2019 and mortgages by February 2020.

The growing number of applications — such as those in the Internet of Things space — that require a data fabric, plus increasing interest in multi-cloud strategies, presents an opportunity for Canada-based data movement vendor Solace.